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Notable Elon Musk business ventures
Here's a look back at some of the notable business ventures by Elon Musk, who has quickly risen in the ranks of the wealthiest men in the world.
Billionaire Twitter CEO Elon Musk endorsed Republicans for the midterm election cycle on Monday, telling voters to cast ballots for a Republican Congress.
Musk's announcement comes months after he first announced plans to vote Republican earlier this year. He argued Monday that having a government split between two parties is ideal, and noted President Biden's possession of the White House for Democrats before saying Congress should go to Repubilicans.
"To independent-minded voters: Shared power curbs the worst excesses of both parties, therefore I recommend voting for a Republican Congress, given that the Presidency is Democratic," Musk wrote.
Musk's endorsement follows through on his vow to vote Republican in May.
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"I have voted overwhelmingly for Democrats, historically – overwhelmingly. Like, I'm not sure, I might never have voted for a Republican, just to be clear. Now this election, I will," he said at the time.
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Republicans are expected to take the House of Representatives on Tuesday, though control over the Senate is a toss-up, according to polls.
The endorsement comes less than a week after Musk took over Twitter and began making vast changes to the platform, much to the chagrin of media figures and many Democrats.
Sen. Chris Murphy, D-Conn., set his sights on Musk last week, sending a letter to Treasury Secretary Janet Yellen highlighting that members of the Saudi royal family are prominent investors in Twitter. Saudi Prince Alwaleed bin Talal had purchased his stake in Twitter long before Musk bought the company, however.
FILE - Elon Musk attends The 2022 Met Gala Celebrating "In America: An Anthology of Fashion" at The Metropolitan Museum of Art on May 02, 2022, in New York City. (Theo Wargo/WireImage)
"I write to draw your attention to potential national security concerns arising from the recently completed takeover of Twitter, Inc. by Elon Musk and a number of private investors," Murphy wrote to Yellen, according to a copy of the letter obtained by Punchbowl News. "Setting aside the vast stores of data that Twitter has collected on American citizens, any potential that Twitter’s foreign ownership will result in increased censorship, misinformation, or political violence is a grave national security concern."
Critics were outraged when Musk announced the firings of several top executives at the company, including CEO Parag Agrawal, CFO Ned Segal, and head of legal policy, trust, and safety Vijaya Gadde.
Gadde led the company's push to censor the Hunter Biden laptop story first published in the New York Post prior to the 2020 election.
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Musk's stated goal in purchasing Twitter was to protect the freedom of speech, saying in a statement last week that a public square open to diverse opinions is necessary for democracy to thrive.
This is a developing story. Check back soon for updates. Read more on FOX News.